INDEX

SR. NO. TITEL PAGE

NO.
1 INTRODUCTION TO RISK MANAGEMENT

2 DEFINITION OF RISK MANAGEMENT

3 PRINCIPLES OF RISK MANAGEMENT

4 PROCESS OF RISK MANAGEMENT

5 NEED AND IMPORTANCE OF RISK MANAGEMENT

6 HISTORY OF RISK MANAGEMENT

7 TYPES OF RISK MANAGEMENT

8 ADVANTAGES OF RISK MANAGEMENT

9 DISADVANTAGES OF RISK MANAGEMENT

10 LITRATURE REVIEW

11 ICICI BANK

12 HISTORY OF ICICI BANK

13 RISK MANAGEMENT IN ICICI BANK

14 CONCLUSION

15 WEBILOGRAPHY
 INTRODUCTION TO RISK
MANAGEMENT
Risk can be defined as the chance of loss or an unfavorable outcome
associated with an action. Uncertainty is not knowing what will
happen in the future. The greater the uncertainty, the greater the
risk. For an individual farm manager, risk management involves
optimizing expected returns subject to the risks involved and risk
tolerance.
Risk management is the identification, assessment, and prioritization
of risks (defined in ISO 31000 as the effect of uncertainty on
objectives) followed by coordinated and economical application of
resources to minimize, monitor, and control the probability and/or
impact of unfortunate events or to maximize the realization of
opportunities. Risk managements objective is to
assure uncertainty does not deflect the endeavor from the business
goals.
assure uncertainty does not deflect the endeavor from the business
goals.

Risks can come from various sources including uncertainty in

financial markets, threats from project failures (at any phase in
design, development, production, or sustainment life-cycles), legal
liabilities, credit risk, accidents, natural causes and disasters,
deliberate attack from an adversary, or events of uncertain or
unpredictable root-cause. There are two types of events i.e. negative
events can be classified as risks while positive events are classified as
opportunities. Several risk management standards have been
developed including the Project Management Institute, the National
Institute of Standards and Technology, actuarial societies, and ISO
standards. Methods, definitions and goals vary widely according to
whether the risk management method is in the context of project
management, security, engineering, industrial processes, financial
portfolios, actuarial assessments, or public health and safety.
Strategies to manage threats (uncertainties with negative
consequences) typically include avoiding the threat, reducing the
negative effect or probability of the threat, transferring all or part of
the threat to another party, and even retaining some or all of the
potential or actual consequences of a particular threat, and the
opposites for opportunities (uncertain future states with benefits).
Certain aspects of many of the risk management standards have
come under criticism for having no measurable improvement on risk;
whereas the confidence in estimates and decisions seem to
increase. For example, one study found that one in six IT projects
were "black swans" with gigantic overruns (cost overruns averaged
200%, and schedule overruns 70%).
DEFINITION OF RISK MANAGEMENT
In the world of finance, risk management refers to the
practice of identifying potential risks in advance,
analyzing them and taking precautionary steps to
reduce/curb the risk.
 PRINCIPLES OF RISK MANAGEMENT
The International Organization for Standardization (ISO) identifies
the following principles of risk management:
Risk management should:
create value resources expended to mitigate risk should be less
than the consequence of inaction
be an integral part of organizational processes
be part of decision making process
explicitly address uncertainty and assumptions
be a systematic and structured process
be based on the best available information
be tailorable
take human factors into account
be transparent and inclusive
be dynamic, iterative and responsive to change
be capable of continual improvement and enhancement
be continually or periodically re-assessed
 PROCESS OF RISK MANAGEMENT
All risk management processes follow the same basic steps, although
sometimes different jargon is used to describe these steps. Together
these 5 risk management process steps combine to deliver a simple
and effective risk management process.

Step 1: Identify the Risk. You and your team uncover, recognize and
describe risks that might affect your project or its outcomes. There
are a number of techniques you can use to find project risks. During
this step you start to prepare your Project Risk Register.

Step 2: Analyze the risk. Once risks are identified you determine the
likelihood and consequence of each risk. You develop an
understanding of the nature of the risk and its potential to affect
project goals and objectives. This information is also input to your
Project Risk Register
Step 3: Evaluate or Rank the Risk. You evaluate or rank the risk by
determining the risk magnitude, which is the combination of
likelihood and consequence. You make decisions about whether the
risk is acceptable or whether it is serious enough to warrant
treatment. These risk rankings are also added to your Project Risk
Register.

Step 4: Treat the Risk. This is also referred to as Risk Response

Planning. During this step you assess your highest ranked risks and
set out a plan to treat or modify these risks to achieve acceptable risk
levels. How can you minimize the probability of the negative risks as
well as enhancing the opportunities? You create risk mitigation
strategies, preventive plans and contingency plans in this step. And
you add the risk treatment measures for the highest ranking or most
serious risks to your Project Risk Register.
Step 5: Monitor and Review the risk. This is the step where you take
your Project Risk Register and use it to monitor, track and review
risks.

Risk is about uncertainty. If you put a framework around that

uncertainty, then you effectively de-risk your project. And that means
you can move much more confidently to achieve your project goals.
By identifying and managing a comprehensive list of project risks,
unpleasant surprises and barriers can be reduced and golden
opportunities discovered. The risk management process also helps to
resolve problems when they occur, because those problems have
been envisaged, and plans to treat them have already been
developed and agreed. You avoid impulsive reactions and going into
fire-fighting mode to rectify problems that could have been
anticipated. This makes for happier, less stressed project teams and
stakeholders. The end result is that you minimize the impacts of
project threats and capture the opportunities that occur.
 NEED AND IMPORTANCE OF RISK
MANAGEMENT
Risk is the main cause of uncertainty in any organization. Thus,
companies increasingly focus more on identifying risks and managing
them before they even affect the business. The ability to manage risk
will help companies act more confidently on future business
decisions. Their knowledge of the risks they are facing will give them
various options on how to deal with potential problems.

Risk can be caused by internal and external sources. The external

risks are those that are not in direct control of the management.
These include political issues, exchange rates, interest rates, and so
on. Internal risks, on the other hand, include non-compliance or
information breaches and operational risk among others.

Risk management is important in an organization because without it,

a firm cannot possibly define its objectives for the future.
Recently, many companies have added risk management
departments to their team. The role of this team is to identify risks,
come up with strategies to guard against these risks, to execute these
strategies, and to motivate all members of the company to cooperate
in these strategies. Larger organizations generally face larger risks, so
their risk management strategies also need to be more sophisticated.

Also, the risk management team is responsible for assessing each risk
and determining which of them are critical for the business. The
critical risks are those that could have an adverse impact on the
business; these should then be given importance and should be
prioritized. The whole goal of risk management is to make sure that
the company only takes the risks that will help it achieve its primary
objectives while keeping all other risks under control.
 HISTORY OF RISK MANAGEMENT
Risk managers are concerned with the future. Still, it can be
instructive and inspiring to look back to the past sometimes. So,
what's the history of risk management? One very interesting book
about this topic, "Against the Gods: The Remarkable Story of Risk,"
contends that the true dividing line between what we should
call ancient times and modern times is mastering risk. In this book,
Peter L. Bernstein contends that when people began to understand
how to predict and manage risks, they also began to understand that
the future did not just hold random events generated by the will of
the gods or the whims of nature.
How Did Risk Management Start?
Some historians believe that the earliest concept of managing risk
arose because of gaming. Thousands of years before Internet users
could play online poker, people in different ancient civilizations
played games with dice and bones. Also, people played games that
evolved into chess and checkers well over two thousand years ago.

Some historical evidence that gaming gave rise to probability theory,

important to risk management, comes from writings by Dante and
Galileo. The famous mathematicians, Pascal and Fermat, wrote each
other about games of chance in the 1600s, a correspondence that is
believed to have given rise to modern probability theory used today.

If one were to consider the role of insurance in risk management, it is

still possible to trace it back to ancient times. For example, mutual
aid and burial societies have been documented as far back as the
earliest days of ancient Rome. These are considered the precursors of
modern insurance companies.
When Did Risk Management Become a Career?
Corporate risk management has been a career before people actually
called themselves risk managers. For example, the first actuaries
worked for the precursor of a modern life insurance company in
England as early as the 1700s. However, it is probably possible to find
even earlier examples. At any point in history when people managed
businesses, armies, or entire countries, there were certainly people
employed to manage risk with the tools that they had at the time.

According to "Risk Management: History, Definition, and Critique,"

the modern terms for managing risk rose after World War II, but the
discipline mostly began as a study of using insurance to manage risk.
Later, from the 1950s to the 1970s, risk managers began to realize
that it was too expensive to manage every risk with insurance, so the
discipline began to expand to alternatives to insurance. For example,
training and safety programs might be considered insurance
alternatives.
The Future of Risk Management
In Isaac Asimov's "Foundation" series of science fiction books, a
mathematician has developed a system to predict and control the
future. We aren't quite there yet, but Mr Asimov seems surprisingly
prescient as Astounding Magazine published the first story of the
series in 1942. Today's risk managers can enjoy the benefits of
sophisticated risk management technology powered by Ventiv's suite
of risk management information system software. This set of tools
helps today's corporate risk managers use information from the past
and present to help minimize and manage all sorts of business risks
in the future.
 TYPES OF RISK MANAGEMENT
1. Enterprise Risk Management:
It is a strategic framework that checks the potential risks that have
adverse impacts over the enterprise. These risks could be in terms of
risk related to resources , product and services or the market
environment in which the enterprise operates. Enterprises develop
risk management capabilities to deal with these risks and a proper
action plan. Enterprises must note down all the possible risks that
may occur and prepare a set of action plans depending on the nature
of risk.

2. Operational Risk Management:

Operational risks are present in every enterprises.These risks arise
due to the execution of the business functions of the enterprises.
Enterprises need to assess these risks and prepare action plans to
meet the impact of risk.
At the primary level, operational risk management deals with
technical failures and human errors like:
Mistakes in execution
System failures
Policy violations
Legal infringements
Rule breaches
Indirect and direct additional risk taking.

Financial Risk Management:

The process of financial risk management can be defined as
minimizing exposure of a firm to market risk and credit risk using
various financial instruments. Financial risk managers also deal with
other risks related to foreign exchange, liquidity, inflation, non-
payment of clients and increased rate of interest. These risks affect
the financial position of the enterprise.
Market Risk Management:
Enterprises need to understand the risks present in the market ,
inherent to the industry or arising out of competition. Enterprise
need to properly assess it and develop their capabilities . It Deals
with different types of market risks, such as interest rate risk, equity
risk, commodity risk, and currency risk.

Credit Risk Management:

Managing credit risk is one of the fundamental work of the financial
institution. Credit portfolio management is largely becoming
essential for the enterprise to keep track of risk. It Deals with the risk
related to the probability of nonpayment from the debtors.

Quantitative Risk Management:

In quantitative risk management, an effort is carried out to
numerically ascertain the possibilities of the different adverse
financial circumstances to handle the degree of loss that might occur
from those circumstances
Commodity Risk Management:
It Handles different types of commodity risks, such as price risk,
political risk, quantity risk and cost risk.

Bank Risk Management:

It Deals with the handling of different types of risks faced by the
banks, for example, market risk, credit risk, liquidity risk, legal risk,
operational risk and reputational risk.

Non-profit Risk Management:

This is a process where risk management companies offer risk
management services on a non-profit seeking basis.

Currency Risk Management:

Currency risk can be termed a sudden fall in the value of a particular
currency. This happens due to unexpected shifts in the currency
exchange rates.
To avoid or minimize losses caused by these incidents, proper
currency risk management strategy is very essential.

Project risk management:

Focuses on the management of various types of risks related
to a project. The process of project risk management is
carried out in a number of steps. Nevertheless, there are two
principal phases of project risk management and they are
assessment of risk and risk control.

Integrated Risk Management:

Formulates strategies to effectively counter uncertainties and
capitalize on available opportunities. Proper implementation
of it leads to consolidation of shareholder value base. In
government sector this leads to confidence building among
masses.
Technology Risk Management:
With the increasing use of information technology in the activities of
banks the system of Technology risk management has become
important. The process deals with finding out the weaknesses in a
particular operation and then using the most suitable strategy to deal
with it.

Software Risk Management:

Deals with different types of risks associated with implementation of
new software.

IT Risk Management:
It is a part of enterprise risk management as most modern
enterprises largely depend on the information technologies and
there is certain inherent risks associated with the technologies. Most
modern enterprises need to face it and prepare plans to deal with
these risks.
 ADVANTAGES OF RISK
MANAGEMENT

Risk management process is considered as an important

discipline that the business has in its recent times. Many
organizations tend to realize the advantages of enterprise risk
management. Following are few benefits of risk management in
projects:
a. Benefits of risk identification:
Risk identification helps in fostering the vigilance in times of
discipline and calm at the times of crisis. It implies all the risks in
prior that are most likely to happen and are planned to execute
without any assumptions that run. These positive risks are often held
upon most of the occurrences. It helps in opportunity risks so as to
be aware of the forthcoming issues.
b. Benefits of risk assessment:
It focuses on the identified tasks on assisting the impact of
business or projects. This phase focuses on the ideas that are
discussed among the stakeholders. It has greatest advantage
of dealing with the points that are finalized with more possible
solutions. It has sense of all views that turns into accountability
of each and every social life. Participation in these kinds of
assessments will help one to tackle his/her risks. It promote
organizational culture.

c. Treatment of risks:
It helps in treating ones own risks that are the subsets of
implementing a plan. It has internal compliance that are brought and
mitigated towards the forsaken actions. Its opportunity falls in the
lack of preparation and even more realized upon the profitable data
that relieves through internal controls.
d. Minimization of risks:
The risks that are handled within the given assessments plans are
foreseen within the business functions. It enables one to speed up
the data to change policies and contingencies that are made
successful within the mapped business functions. Here the cost
beneficial analysis is to be revised within the ownership of risks. It
focuses on change of policies within the detailed structural behavior.

e. Awareness about the risks:

Here the terms that are noticed will create awareness among the
scheduled terms of risks that are a successful analysis and evaluation
of exercising the modules of risks. It enables one to concentrate on
the risk treatments within the lessons learnt and are scheduled into
lack of preparation. It has subsequent phases regarding each module
within the identified data.
f. Successful business strategies:
Risk management strategy is not one-time activity and the grade
points are finalized within the recent status. It has different stages
that modulate to lack of preparation, planning and successful
implementations of all the plans. It has operational efficiency that is
realized upon the mitigation of negative risks. It has contingent
policies over the preparation of business in the measures of
treatment.

g. Saving cost and time:

It threats to the task that is completed over the projects and
the other business strategies. It always results in saving the costs that
are consolidated within the items that are practiced. It prevents
wastage and make up the time for firefighting.
h. New opportunities:
The opportunities that are emerging are held within the new ways of
communicating on the unravel issues. It has collective and least
significant part that matches with most of the scenarios. It prepares
for the future endeavors and the related exhaustive efforts as inputs.

i. Harvesting knowledge:
Here one must try to spend the knowledge about the stakeholders
experience of the preemptive approach that are made applicable for
the unprepared threats towards the knowledge gained and this
provides a template to face the readymade risks. It has successive
plans that are indulged from the start till the collective knowledge.
 DISADVANTAGES OF RISK
MANAGEMENT
Managing the risks provides the waste of time to compensate the
projects. It persuades the projects that reciprocate to improve the
funds in the company. It is spent on the research and development of
the allocated issues that hold to ensure project management.
a. Complex calculations:
Risk management involves complex calculations in terms of managing
risks. Without the automatic tool, each and every calculation
regarding risks becomes difficult.
b. Unmanaged losses:
If the organization meddles with a loss, then that pay will be
delivered to the pay loss of the firm. Here, the organization is
responsible for the loss that happened due to improper schedule
about the risk management.

c. Ambiguity:
Even if the ambiguity is out of loss then people have to cover it within
the planned scale of losses of the discounts and even the
consideration into unnecessary insurance discounts.

d. Depends on external entities:

Managing risks depends on the external entities that are modulated
within the organization, usually depends on the external data. It
includes all the dependent information about the risks regarding
other valid resources. The transferable resources depend on the
external entities that tend to have data.
e. Mitigation:
Usually, mitigation guarantees losses of the concealed impairment of
money which may cause improper management of risks. This leads to
unsafe acceptance of data within rare company losses.

f. Difficulty in implementing:
Risk management takes a long time to gather the information
regarding the strategic plans. It has universal standards that are
mitigated and accepted according to the monetary values. It matches
with the hard understanding without recent experience without
compensation of the required quantity of data.

g. Performance:
Since the risk management can be processed only with subjectivity, it
holds on the control of prospects within each issue. It can be
identified with the difficult implementation of controls. It manages
the cost benefits analysis that is not implemented. This process
concentrates more on the implementation of controls.
h. Potential threats:
These potential threats are to be maintained carefully so as to
organize and disappear from the market. This implementation
reduces the level of risk and proportionally increases the control over
it.
Any kind of process will have its own limitations and benefits of
project risk management. Thus to build an effective risk management
one has to focus on the mitigated strategic plans of risks that are
effective on the risk takers. It is to identify the maximum of the entire
management to overcome forthcoming dangers. Risk management
becomes the major case when the organization has targeted results
apart from the potential threats, damages and vulnerabilities.
 LITERATURE REVIEW
In this section, we try to provide an idea about the basics concepts of
risk management based on the literature review. This includes a
generic definition of risk, risks management and their method. The
risk The thematic of risk management is not new, but it is recent and
not very studied in logistic chain (or supply chain), the first work that
explicitly addresses for the risk management in the supply chain
dating from 2003. The risk is present in many activities including the
logistic in which one consequence of the risk that it is increasing and
affect around all the logistic networks, therefore the managers need
to make a great deal of effort to identify and manage risks. The
meaning of risk can be differ from one person to another depending
on their point of views, attitudes and experience what makes the
study of risk more and more complex.
Aven, proposed a basic risk theory based on brief selected review
that over the last 15-20 years and he presented the evolution of risk
concept in Oxford English Dictionary since 1679, we think that
definition followed the environment evolution. Veland and Ave,
proposed the same based classification of risk given by Aven and they
used theses definition to discuss how the risk perspectives influence
the risk communication between the decision-makers, the risk
analysts, experts and lay people. Indeed, for Karimiazari et al,
engineers, designers and contactors view risk from the technological
perspective, lenders and developers tend to view it from the
economic and financial side. So, the question is: what is a risk? The
first answer, the risk is the probability that an event or action may
adversely affect the organization. For Mazouni, the risk is an intrinsic
property of any decision, it is measured by a combination of several
factors (severity, occurrence, exposure to, etc.)
although it is generally limited to two factors: severity and frequency
of occurrence of a potentially damaging accidents that incorporate
some exposure factors. In the BS OHSAS 18001 (British Standard
Occupational Health and Safety Assessment Series), the risk is a
combination of the likelihood of an occurrence of a hazardous event
or exposures to danger and the severity that may be caused by the
event or exposure. In this context (BS OHSAS 18001), the concept of
risk asks two oriented question: 1. What is the probability that a
particular hazardous event or exposure will actually occur in the
future? 2. How severe would the impact on health and safety be if
the hazardous event or exposure actually occurred? The risk can be
defined as an uncertain event or set of circumstance which, should it
occur, will have an effect on achievement of one or more objectives
[10]. For Marhavilas et al [29], the risk has been considered as the
chance that someone or something that is valuated will be adversely
affected by the hazard, where the hazard is any unsafe condition or
potential source of an undesirable event with potential for harm or
damage. The word risk means that uncertainty can be expressed
through probability. We can concluded that the risk is an probabilistic
event that can exist and affect the activity of an organization
positively (opportunity) or negatively (hazards).
 ICICI BANK
ICICI Bank, stands for Industrial Credit and
Investment Corporation of India, is
an Indian multinational banking and financial
services company headquartered
in Mumbai, Maharashtra, India, with its
registered office in Vadodara. In 2014, it was
the second largest bank in India in terms of
assets and third in term of market
capitalization. It offers a wide range of
banking products and financial services for
corporate and retail customers through a
variety of delivery channels and specialized
subsidiaries in the areas of investment
banking, life, non-life insurance, venture
capital and asset management.
The bank has a network of 4,850 branches and 14,404 ATMs in India,
and has a presence in 19 countries including India.

The bank has subsidiaries in the United Kingdom and Canada;

branches in United States, Singapore, Bahrain, Hong Kong, Sri Lanka,
Qatar, Oman, Dubai International Finance Centre, China and South
Africa; and representative offices in United Arab Emirates,
Bangladesh, Malaysia and Indonesia. The company's UK subsidiary
has also established branches in Belgium and Germany.
ICICI's shareholding in ICICI Bank was reduced to 46 percent, through
a public offering of shares in India in 1998, followed by an equity
offering in the form of American Depositary Receipts on the NYSE in
2000. ICICI Bank acquired the Bank of Madura Limited in an all-stock
deal in 2001 and sold additional stakes to institutional investors
during 2001-02.
 HISTORY OF ICICI BANK
1994

- The Bank was Incorporated on 5th January at Baroda. ICICI Bank was
promoted by ICICI and erstwhile SCICI Ltd. and received the
Certificate for Commencement of Business on 24th February. It does
banking business of all kinds. It was founded as an institution to
provide quality banking services using state-of-the-art technology.

- The Bank has established a well diversified branch network with 24

branches in 15 centers covering 12 states. The bank set up a fully
computerized environment with the State-of-the-art technology at all
offices continuously upgrading its strong systems and procedures
with special emphasis on risk management.
1996

- The deposit products and other services of the bank were branded
with names such as `Maxicash' for services accounts, `Money Plus' for
Current Account, `Quantum' for fixed deposit account, `Power Pay'
for payroll accounts treasure chest for locker facilities and `Trice' for
automated teller machine facility.

- The Bank had, in compliance with a directive issued by RBI,

deposited in aggregate Rs 88.16 crores with small Industrial
Development Bank of India and National Bank for Agricultural & Rural
Development.
1997

- The bank introduced electronic funds transfer facility. The bank hasa
full fledged vigilance and inspection department.

- The bank opened 11 branches and 2 extension counters thereby

increasing the total network of branches to 33 and extension
counters to 4.

- The Bank offered 150,00,000 No. of equity shares of Rs 10 each at a

prem., of Rs 25 per share to ICICI.

- The Bank offered for sale 412,50,200 No. of equity shares of Rs 10

each at a price of Rs 35 per share.
1998

- ICICI Bank, which introduced Internet banking in India, is set to

launch various technology-based new services in the near future.
Some of the new services include setting up of call centers and the
introduction of fund transfers between own accounts in its branches.

- ICICI Banking Corporation Ltd, the first bank in the country to go in

for Internet banking, is now all set to provide its account-holders with
the facility of transferring funds across their accounts on the Net.

1999 - ICICI Bank has signed an agreement to use the NCR

switchmark technology for online-networking all its ATMs, the
officials said they network would come into place in September.
- ICICI Bank recently restructured its organizational structure by
setting up strategic business units for retail banking, corporate
banking and fore and treasury operations, as independent profit
centers.

2000

- ICICI Bank became the first Indian bank to list on the New York Stock
Exchange with its $175-million American depository shares issue
generating a demand book 13 times its size at $2.2 billion.

- The Bank proposes to bring credit cards to the "large, underserved

population" in rural and semi-urban areas.

- SkyCell Communications Ltd, one of the two cellular service

providers in Chennai, has launched `Sky Banking', for which the
company has tied up with ICICI Bank and HDFC Bank.
2001

- ICICI Is all set to become the first domestic financial institution to

get a financial strength rating by the Moody's Interbank Credit
Services, the bank credit rating arm of the international credit rating
agency Moody's Investors Services.

- The Bank of Madura (BOM) got merged with ICICIBK. The share
exchange ratio was fixed at two shares of ICICIBK for one share of
BOM. With this merger ICICIBK has become one of the largest private
sector banks in India. Commenting on the merger Shri H N Sinor,
Managing Director and CEO ICICIBK said that "This merger would lead
to considerable synergies in the operations of the merged entity and
would benefit the customers and other stakeholders.
2003

-Launches micro-finance programmed

-ICICI OneSource deploys new recruitment system

-Sets up NRI advisory service

-Singapore goverment offloads 2-cr shares of ICICI Bank

-Bank chief K V Kamath appointed head of finance panel for river

linking project

-Launches 'Give2India' to facilitate donations by NRIs

-Comes out with a bond issue of Rs 400 crore

2008

- ICICI Bank Ltd has informed that the Government of India has
nominated Shri. Arun Ramanathan, on the Board of the Bank
effective January 18, 2008 in place of Shri. Vinod Rai who has
resigned effective January 06, 2008.

- ICICI Bank Ltd has informed that the Government of India has
nominated Shri. Arun Ramanathan, on the Board of the Bank
effective January 18, 2008 in place of Shri. Vinod Rai who has
resigned effective January 06, 2008.

- ICICI Bank has forayed into Rs 1,150-crore equity-cum-debt deal

with Jaypee Infratech, which is to build and operate the 165-km six
lane Taj Expressway linking Noida with Agra.
2014 -ICICI Bank inaugurates new branch at Havalga -ICICI Bank
launches tax collection service in Odisha -ICICI Bank launches tax
collection service in West Bengal -ICICI Bank launches Branch on
Wheels in Chhattisgarh -ICICI Bank launches Pro & Premia Savings
Accounts for NRIs -ICICI Bank and Vodafone M-Pesa launches mobile
based subsidy payment for Janani Suraksha Yojna in Ranchi -ICICI
Bank launches redesigned website to enhance customer experience -
ICICI Bank launches iMobile application for Windows -ICICI Bank
launches ICICI Bank Unifare Card in partnership with DMRC -ICICI
Bank launches 'ICICI Bank Global Banking-Hello Canada' -ICICI Bank
launches 'ProCircle' on Money2India platform -ICICI Bank launches
Student Travel Card -ICICI Bank launches EMI on debit cards -ICICI
Bank launches two apps to enhance customer service -ICICI Bank
launches 'NRI Advantage' -ICICI Bank launches Smart Star account, a
minor operated savings account -ICICI Bank launches 'Easy NRI
Account' -ICICI Bank India launches 'Pockets by ICICI Bank' for Non
Resident Indian (NRI) customers -ICICI Bank has splits its face value
from Rs 10/- to 2/-
2015 -ICICI Bank launched a mobile phone-based product that offers
a slew of new-age services -ICICI ties up with Emirates NBD for
instant money transfers -ICICI Bank launched fully automated digital
locker facility -ICICI Bank launches online rail ticket booking on its
website -ICICI Bank Canada launches Student GIC Program -ICICI Bank
launches Money2World, Indias first fully online service for outward
remittances -ICICI Bank launches in-store mobile-based payments
with mVisa -ICICI Bank launches contactless credit and debit cards -
ICICI Bank launches 'Pockets', India's first digital bank on a mobile
phone -ICICI Bank inaugurates its 4000th bank branch.
2016 -ICICI Bank crosses Rs 1 lakh-cr mortgage lending milestone -
ICICI Bank enters South Africa, opens branch in Johannesburg -ICICI
Bank launches iWork@home for women employees -ICICI Bank
launches contactless mobile pay solution -ICICI Bank Ltd has informed
that registered office of ICICI Bank Limited is changed effective
October 01, 2016. Old Address :- Landmark, Race Course Circle,
Vadodara 390 007. New Address: ICICI Bank Tower, Near Chakli Circle,
Old Padra Road, Vadodara, 390 007. -ICICI Bank launches Eazypay
mobile app for merchants.
 RISK MANAGEMENT IN ICICI BANK
1. Submitted in fulfillment of the Requirements of the Risk
ManagementCourse of Post Graduate programme
(PGP).Submitted By -:Mr. Abhay PratapSubmitted to -:Prof.
Vandana Mehrotra.
2. Contents1. About ICICI2. Shareholding pattern 3. Risk-An
Introduction 4. Key Risks 5. Risk management framework 6.
Managing Credit Risk 7. Managing market Risks Interest rate risk
Foreign Exchange risk Equity price risk 8. Managing liquidity Risk 9.
Managing operational Risk10. Initiatives taken by the bank to
minimize the risk.

3. About ICICIICICI Bank is Indias second- largest bank with total

assets of Rs. 3,634.00 billion (US$ 81billion) at March 31, 2010 and
profit after tax Rs. 40.25 billion (US$ 896 million) for the yearended
March 31, 2010. The Bank has a network of 2,518 branches and
5,808 ATMs in India, andhas a presence in 19 countries, including
India.
 ICICI Bank offers a wide range of bankingproducts and financial
services to corporate and retail customers through a variety of
deliverychannels and through its specialized subsidiaries in the areas
of investment banking, life andnon- life insurance, venture capital
and asset management. The Bank currently has subsidiaries inthe
United Kingdom, Russia and Canada, branches in United States,
Singapore, Bahrain, HongKong, Sri Lanka, Qatar and Dubai
International Finance Centre and representative offices inUnited
Arab Emirates, China, South Africa, Bangladesh, Thailand, Malaysia
and Indonesia. OurUK subsidiary has established branches in Belgium
and Germany. ICICI Banks equity sharesare listed in India on Bombay
Stock Exchange and the National Stock Exchange of India Limitedand
its American Depositary Receipts (ADRs) are listed on the New York
Stock Exchange(NYSE).ICICI Bank is Indias second- largest bank with
total assets of Rs. 3,634.00 billion (US$81 billion) at March 31, 2010
and profit after tax Rs. 40.25 billion (US$ 896 million) for the
yearended March 31, 2010. The Bank has a network of 2,518
 branches and about 5,808 ATMs inIndia, and has a presence in 19
countries, including India. ICICI Bank offers a wide range ofbanking
products and financial services to corporate and retail customers
through a variety ofdelivery channels and through its specialized
subsidiaries in the areas of investment banking, lifeand non- life
insurance, venture capital and asset management. The Bank
currently hassubsidiaries in the United Kingdom, Russia and Canada,
branches in United States, Singapore,Bahrain, Hong Kong, Sri Lanka,
Qatar and Dubai International Finance Centre andrepresentative
offices in United Arab Emirates, China, South Africa, Bangladesh,
Thailand,Malaysia and Indonesia. Our UK subsidiary has established
branches in Belgium and Germany.ICICI Banks equity shares are listed
in India on Bombay Stock Exchange and the Natio nal StockExchange
of India Limited and its American Depositary Receipts (ADRs) are
listed on the NewYork Stock Exchange (NYSE).
 4. Shareholding PatternThe shareholding pattern of a bank refers to
the scenario of a banks equity capital amongvarious entities from
whom the bank has financed its capital. These include
Individuals,Insurance companies, MFs, Bodies Corporate and the
most important are the depository receiptsthrough which the bank
can finance its capital by issuing shares in other countries through
listingin the foreign exchange . 2009 Shareholder Pattern Foreign
Insts/ Banks 0% MFs 7% Depository Insurance Reciepts Companies
27% 15% Individuals 9% FIIs 36% Bodies Corporates 6%The pie charts
above show that only 9% is the individual holding in comparison to
11% of lastyear along with decrease in FIIs holdings from 57% to
36%.The holding in shares by insurancecompanies is the same. Also
the holding by the mutual funds is only 7% as compared to 9%
ofearlier year. The bank has gone for the Depository Receipts for
funding of the capital in 2009 i.e.American Depository Receipts and
Global Depository Receipts.
5. Risk an IntroductionRisks are usually defined by the adverse
impact on profitability of several distinct sources ofuncertainty. While
the types and degree of risks an organization may be exposed to
depend upona number of factors such as its size, complexity business
activities, volume etc, it is believed thatgenerally the banks face
Credit, Market, Liquidity, Operational, Compliance ,legal
,regulatoryand reputation risks.Risk Management is a discipline at
the core of every financial institution and encompasses all
theactivities that affect its risk profile. It involves identification,
measurement, monitoring andcontrolling risks to ensure thata) The
individuals who take or manage risks clearly understand it.b) The
organizations Risk exposure is within the limits established by
Boardof Directors.c) Risk taking Decisions are in line with the
business strategy and objectivesset by BOD. d) The expected payoffs
compensate for the risks takene) Risk taking decisions are explicit and
clear.f) Sufficient capital as a buffer is available to take risk Key
risksWe have included statements in this annual report which contain
words or phrases such as will,expected to,etc., and similar
expressions or variations of such expressions, may
constituteforward- looking statements. These forward- looking
statements involve a number of risks,uncertainties and other factors
that could cause actual results, opportunities and growth potentialto
differ materially from those suggested by the forward- looking
statements. These forward- looking statements involve a number of
risks,uncertainties and other factors that could cause actual results,
opportunities and growth potentialto differ materially from those
suggested by the forward- looking statements. These risks
anduncertainties include, but are not limited to, the actual growth in
demand for banking and otherfinancial products and services in the
countries that we operate or where a material umber of
ourcustomers reside, our ability to successfully implement our
strategy, including our use of theInternet and other technology, our
rural expansion, our exploration of merger and
acquisitionopportunities both in and outside of India, our ability to
integrate recent or future mergers oracquisitions into our operations
and manage the risks associated with such acquisitions toachieve our
strategic and financial objectives, our ability to manage the increased
complexity ofthe risks we face following our rapid international
growth, future levels of impaired loans, ourgrowth and expansion in
domestic and overseas markets, the adequacy of our allowance
forcredit and investment losses, technological changes, investment
income, our ability to marketnew products, cash flow projections, the
outcome of any legal, tax or regulatory proceedings inIndia and in
other jurisdictions we are or become a party to, the future impact of
new accountingstandards, our ability to implement our dividend
policy, the impact of changes in bankingregulations and other
regulatory changes in India and other jurisdictions on us, the state of
theglobal financial system and other systemic risks, the bond and
loan market conditions andavailability of liquidity amongst the
investor community in these markets, the nature of creditspreads,
interest spreads from time to time, including the possibility of
increasing credit spreads.
 CONCLUSION
The work of the Task Team which supported its development, has
surfaced a number of common issues across NSIs around the
application of risk management and the advantages of operating in
an Agile delivery environment.
It is clear that risk management is evolutionary and different
organisations are at different levels of maturity. For those
organisations which have implemented a risk management approach
following international best practice, the principles in this paper can
be used to accelerate from these foundations and grow maturity to
that of a high performing organisation.
At Figure 7 is a maturity model which demonstrates the behaviours
which would qualify an organisation to achieve differing levels of
maturity against various dimensions. nderstand the journey and the
positive steps at each stage.
What we have shown is reconciliation between risk management and
Agile to make sure risk management is fundamentally about effective
decision making, to take advantage of Agile delivery as a process
which inherently reduces risk, and to exploit Agile practices for better
risk management.
In a rapidly changing world and within an environment of multiple
emerging threats and opportunities NSIs can exploit these principles
in order to ensure their continuing success.
The work of the UNECE Task Team on Risk Management in the
Context of Agile Development uncovered many similar challenges
being faced by NSIs from across the global community. With the data
revolution this community of organisations is facing unprecedented
change and opportunity.
 WEBILOGRAPHY
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2. economictimes.indiatimes.com
3. continuingprofessionaldevelopment.org
4. www.linkedin.com
5. blog.ventivtech.com
6. finance.mapsofworld.com
7. finance.mapsofworld.com
8. content.wisestep.com
9. en.wikipedia.org
10. economictimes.indiatimes.com
11. statswiki.unece.org